Propane Butane definition
Examples of Propane Butane in a sentence
The following is an example calculation of the mass allocation of SCO, Raw Gas, Dry Gas, Propane, Butane, C5+ Condensate, acid gas and system difference between Users for one Allocation Period.
Negative Dry Gas, Propane, Butane, C5+ Condensate and acid gas yields if generated shall be made zero and the positive yields pro-rated to equal the Raw Gas quantity.
Article VIII is hereby ---------------------------------------- amended and restated in its entirety as follows: A significant increase in PGPB's gas plant production of Propane, Butane, and/or LPG Mix in the Northeast region of Mexico and a prompt utilization of such output shall constitute a Change of Circumstance under this Agreement.
Negative Dry Gas, Propane, Butane, C5+ Condensate and acid gas yields if generated shall be made zero and the positive yields pro‑rated to equal the Raw Gas quantity.
The Allocation Schedule thereby accounts for the commercial principle that, while maintaining each Entrant’s mass balance, Non- Users shall have redelivered two products, Crude Oil and Fuel Gas, and Users shall have redelivered four products, Crude Oil, Propane, Butane and Fuel Gas.
Buyer shall then have the option of reducing the Monthly Volume it is required to purchase for that delivery Month by the amount of Propane, Butane and/or LPG Mix that Seller is selling, and any Buyer's Shortfall Computation shall be reduced by the amount of Product so sold by Seller, either directly or indirectly by Seller in Mexico.
A significant increase in PGPB's gas plant production of Propane, Butane, and/or LPG Mix in the Northeast region of Mexico and a prompt utilization of such output shall constitute a Change of Circumstance under this Agreement.
Buyer shall then have the option of reducing the Monthly Volume it is required to purchase for the delivery Month by the amount of Propane, Butane and/or LPG Mix that Seller is selling, and any Buyer's Shortfall Computation shall be reduced by the amount of Product so sold by Seller, either directly or indirectly by Seller in Mexico.
The following is an example calculation of the mass allocation of SCO, Raw Gas, Dry Gas, Propane, Butane, C5+ Condensate and acid gas and the entitlement to Forties Blend for Secondary Users.
This is repeated for acid gas and each of Dry Gas, Propane, Butane, C5+ Condensate.